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From Asia to the Americas: The Strategic Shoring Phenomenon
Manage episode 444612854 series 3605175
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In this enlightening episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams delve into the concept of "strategic shoring" as discussed in the 'Proximity Premium' report by KPMG. This trend reflects a significant shift in supply chain strategies, with companies moving operations from Asia to the Americas to counter global disruptions. The episode breaks down the key motivations for this transition, including the pursuit of increased agility, improved time to market, and better access to skilled talent. Michael and Jess critically analyze both the benefits and potential challenges of strategic shoring, such as tax considerations, talent shortages, and maintaining robust supplier relationships. The discussion concludes with actionable recommendations for businesses considering this strategic pivot, making it a must-listen for supply chain professionals looking to adapt to the evolving global landscape.
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